25 Morton uses the moving average flow assumption. On January 1, there were 180 units on hand and the total inventory cost was $900. On January 10, 40 more units were purchased at a cost of $6 per unit. Sales included 20 units on January 3 and 60 units on January 17. What was the total cost of goods sold recorded for the units sold on January 17? a. $728 b. $330 c. $100 d. $312 26 Left Images Printing uses perpetual LIFO in valuing its inventory. The March 1 inventory was 36 units at S6 each. Purchases and sales during March were as follows: Purchases Mar. 10 Sales 20 units @ $8 per unit Mar. 5 15 units 17 24 units @ $10 per unit 15 26 units The cost of the ending inventory was 2. $424 b. $312 c. $330 d. $286 27 Exhibito-3 Davis Co. had the following inventory activity during April: 100 00 Unit Units Cost Beginning inventory $ 8 Purchase (April 3) 60 12 Sale (April 10) 80 Purchase (April 18) 50 15 Purchase (April 23) 80 18 Sale (April 28) 100 Refer to Exhibit-3. Assuming Davis uses a periodic FIFO cost flow assumption, ending inventory at April 30 would be a $880 b. $920 c. $1,090 d. $1,890